Filing Details

Accession Number:
0001246991-12-000107
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-05-09 15:43:11
Reporting Period:
2012-05-07
Filing Date:
2012-05-09
Accepted Time:
2012-05-09 14:43:11
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1037540 Boston Properties Inc BXP Real Estate Investment Trusts (6798) 042473675
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1217095 Arthur Flashman C/O Boston Properties, Inc.
800 Boylston Street
Boston MA 02199
Vice President - Controller No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $.01 Acquisiton 2012-05-07 1,466 $0.00 2,902 No 4 C Direct
Common Stock, Par Value $.01 Disposition 2012-05-08 1,500 $108.25 1,402 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock LTIP Units Disposition 2012-05-07 1,466 $0.25 1,466 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,362 No 4 C Direct
Footnotes
  1. 1,466 of the Reporting Person's units of limited partnership interest in Boston Properties Limited Partnership (BPLP), of which the Issuer is the sole general partner, were converted into common units of limited partnership interest (Common OP Units) in BPLP by the Reporting Person and the Common OP Units were immediately redeemed for an equal number of shares of the Issuer's Common Stock in accordance with BPLP's Partnership Agreement.
  2. Represents units of limited partnership interest in BPLP issued pursuant to the Issuer's equity based incentive programs. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes, each LTIP Unit may be converted, at the election of the holder, into a Common OP Unit. Each Common OP Unit may be redeemed, at the election of the holder, for cash equal to the fair market value of a share of the Issuer's Common Stock except that the Issuer may, at its election, acquire each Common OP Unit so presented for redemption for one share of Common Stock.